Landlords mull legal action against retailers as rent slumps to new lows

By Hugh Radojev2020-09-30T15:43:00

Landlords are considering taking action against “well capitalised” retail businesses refusing to pay rents under the cover of the government’s moratorium, as takings for yesterday’s September quarterly rent day slid to just 12.7%.

Retail Week understands that a number of retail property landlords are actively exploring legal action against retail businesses, including the likes of JD Sports and Boots, which they see as taking advantage of the government’s moratorium on evictions.

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